Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: mishedlo who wrote (89487)	7/1/2002 8:00:22 PM
From: SirRealist	Read Replies (1) of 99280

It is normally when the news is this bad that rallies spring forth. Barring a terrorist attack, it is still possible for a small summer rally to take place this month. The pro forma earnings spin will kick into high gear by the second and third week of this month. This will be a short traders rally, and nothing more. I do want to emphasize the word "trading rally." After that, it will be time to go short again, especially ahead of the government's economic revisions for 1999-2001 and the warnings for the third and fourth quarters. The key will be to keep your eye on the dollar and foreign investment in the U.S. Very good advice imo.

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